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First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC News Political Reporter



Obama hits McCain on the economy

Posted: Monday, September 15, 2008 4:27 PM by Mark Murray
Filed Under:

From NBC/NJ's Athena Jones
GRAND JUNCTION, Colo. -- Obama argued here today that McCain's earlier statement that the fundamentals of the economy are strong shows that the GOP presidential nominee is out of touch with voters' economic concerns.

Obama, in fact, said that voters must ask themselves whether they can afford to vote for McCain. “He doesn’t get what’s happening between the mountain in Sedona where he lives and the corridors of power where he works,” he said. “Think about this: We just woke up to news of financial disaster and this morning he said that the fundamentals of the economy are still strong. Sen. McCain, what economy are you talking about?”

Saying change was not just a slogan, Obama bashed McCain for hiring lobbyists to run his campaign while at the same time promising to change Washington. He quipped that if you believed those lobbyists were working for the Arizona senator only to put themselves out of business “I’ve got a bridge to sell you up in Alaska.”

The McCain campaign responded in an email. “Barack Obama voted to fund the infamous ‘Bridge To No Where’, and if it weren’t for John McCain, Gov. Palin and other reform-minded public officials, it would’ve been built," said spokesman Tucker Bounds. "Barack Obama’s chatty witticisms are great, but his non-existent record of bipartisan reform isn’t -- which is why he isn’t ready to deliver the change America needs.” (The McCain campaign here is citing Obama's vote for the federal highway bill, which included the earmark for the bridge. Almost every senator but McCain voted for that legislation. And Palin supported the bridge during her 2006 gubernatorial bid.)
 
As in recent days, Obama made more of an effort to draw point-by-point contrasts with McCain on issues from tax and economic policy to energy, education, and foreign policy -- as he sought to define for the audience the kind of change he would bring to Washington if elected. He continued with a theme that emerged in the weeks leading up to the Denver convention, telling the crowd of nearly 6,000 gathered here in an orchard that he would look out for hardworking families, a focus on kitchen-table issues he hopes will help him turn this red state blue in the fall.

“On just about every economic issue, there is not a dime’s worth of difference between John McCain’s proposals and what we have right now. In 19 months, he has not named one thing he would do differently from this administration on the central issue of this election. Not one thing,” Obama said. “So when you walk into that voting booth in 50 days, ask yourself: Can your family afford to take a chance on an economic policy that offers $200 billion in tax breaks to the biggest corporations, including the oil companies, but not one penny of relief to more than 100 million Americans? Because that’s what Sen. McCain is offering.”

Obama went on to list a string of other issues -- including making college more affordable and protecting Social Security -- where McCain would be wrong for middle- and working-class voters.

“Can you afford to take a chance on someone who’s voted against the minimum wage 19 times? When it was $4, he was against it; when it was $5, he was against it; when it was $6, he was against it,” he said. “That’s his record. That’s not a risk I’m willing to take.”

As he often does lately, Obama closed by insisting that the election was too important to be about minor non-issues. “We’ve seen [Republicans] turn an entire campaign into a debate about swift boats and windsurfing. And what do you get when it’s over? Iraq and Katrina and a meltdown on Wall Street. And millions without jobs or homes or health care. Pain at the pump. Enough,” he said. “We can’t afford to let them make another big election about small things.”

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Comments

First Read: Didn't Alan Greenspan make the comment on This Week with GS that the Financial situation aside...the underpinnings of the economy were strong? I am pretty confident he did say just that and find it surprising that you don't mention it.
John McCain is "fundamentally UNSOUND" for America!
john mccain and sarah palin ARE the bridge to nowhere
It is getting really scary and the worst is yet to come. Bank failures are next. I am about to retire and I am watching my retirement funds in the stock market evaporate.  If John McCain isn't concerned then he just doesn't understand.  I really think he (or his handlers) understands but wants to jolly the public along until after the election because he knows that if the public catches on to what is happening they will go Democratic big time.
Right on, Obama!  Bring the PAIN.  

Tell the taxpayer that the more tax breaks given to big corporations, the more middle-class families have to pay to cover corporate tax shortfalls.

That's the Line.  That's bread-and-butter.  
Way to go BO. I think you need to stress more and more, the crystal clear difference between yours and Mccain's tax policy. I like the numbers shown on CNN the other day, which depicted the sharp contrast between the two, the fact that Obama's gives higher credit to middle class Americans.
What can I say? The choice is obvious but, after all, it is an IQ test now isn't it?
BTW, Tucker Bounds contradicted his boss when he told Norah O'Donnell that government regulations need to "get out of the way" while reborn populist McCain is now calling for more regulation! Tucker obviously missed the new talking points and blurted the same tired old (and irresponsible) GOP blather instead.
KEEP STICKING IT TO MCCAIN. The old guy is out of touch with the economy basically because he cant relate to any of us with REAL world problems. How many of you actually expect a 26 year washington insider who made his living off the internal ties and corruption that he now "claims" to want to change. all I hear is war war war from him and Palin and no solid solutions for any change and now this fundimentally sound crap again. what about the folks who lost their homes. what about the retired vets living in the streets of down town Atl? I wonder if he would consider rallying them all up and letting them stay in one of his 7 houses since they obviously cant afford ONE.
Great! The crazy part of all of this...McCain campaign doesn't refute the charges...I know I cannot afford McCain

Obama/Biden
I agree with Obama. McCain does not have the record for reform. He voted 90-95% of the time with Bush. How is this reform? Second, the Obama campaign needs to discuss McCain's record in voting no for infrastructure. Connect this with the Minnesota bridge collapse. When money is not given to infrastructure roads and bridges become unsafe.
Why isn't his message getting across to the people of America, are we that blind to the Palin factor? Obama says that the American people are not stupid. If McCain get in then we are stupid. Wake up people see beyond Palin glasses.
Obama is like a dog chasing a mailtruck.  What, exactly, is a dog going to DO with a mailtruck?  He doesn't know, he just wants it.

O bama thinks that the answer to failing investment banking firms is to raise their taxes.  Huh?

Obama thinks that the answer to disappearing manufacturing jobs is to a)raise taxes on the businesses that provide manufacturing jobs; and b)put in place/keep in place regulations that prevent the addition of manufacturing jobs to our economy.  (No drilling, no new refineries).  Huh?

Obama thinks that the answer to the energy crisis is to talk about non-existent/undefined 'alternative' energy sources. Huh?

Fortunately, Obama also thinks that the answer to his shrinking poll numbers is to whine about them.  Since it seems to be 'working' so well, that's a change I can believe in.
WOULD SOMEONE BUY SENATOR MCCAIN A WALL STREET JOURNAL.
Hey Barack...no new taxes...you can't tax your way out of an economic slump or to prosperity...tax me more and I will produce less that is taxable...its simple really
I love the "I've got a bridge to sell you"...tomorrow he should follow up with "I've got some ocean front property in Arizona to sell you!"

Go Get 'em Obama
I listened to McSame at the town hall meeting this afternoon.  He said, "enough is enough."  I heard it, just can't believe it.  Is Karl Rove out of sayings?  Do they have to use ALL of Obama's sayings?  How soon before McSame starts to call Obama's policy ideas his own?
I know the kids are off limits... but are the parents?

If the Palins are oh-for-two on getting their kids through high school, how can she lead the nation through the practical application portion of our national final exam?
I think Obama is finally getting it.  What he discussed here is what he needs to hammer on for the rest of the election.
Yeaaaaaaaaah Baby! Go Barack !!! I am going to donate now!!!!!!!!!!!!!!!!!!!!!!
We can't afford the "Gang of Three" Reid/Pelosi/Obama taking the reins of this economy. They will regulate Wall Street to London.

It's the Congress that establishes tax policy. We need McCain to fight Reid/Pelosi.

Who do you trust to give us smaller government, Reid/Pelosi/Obama or McCain/Palin?
Wow....Couldn't have said it better myself. NOW, this is the Barack Obama that will win this election and bring an end to the neo con and Bush dynasty.
"weren’t for John McCain, Gov. Palin and other reform-minded public officials, it would’ve been built,"

The McCain campaign lies about the Brige to Nowhere even in a memo that will only be read by news junkies and insiders who KNOW its a big fat lie.  THey guys are Bush all over again, all right. Liars! Must go punch wall now.
Finally. A more cohesive message that bread-and-butter voters can understand.
McLliar needs to stop pissing on the American people and telling us it's raining.

ENOUGH!!!
McCain you "can't" handle the truth !
So Tucker Bounds is still repeating the LIE that Sarah Palin "stopped the bridge"

You can put lipstick on a pig, but it's still a pig.  And if that pig is a part of McBush44's campaign, then that pig is a LIAR.
Wake-up. Republicans have controlled the white house for eight years and both the houses for 6 of the 8. Now they are trying blame the democrats who have controlled the house for 2 years for this mess. Since republicans cannot add, let me distribute the blame: give 50% for the President and 37.5% for the Republican congress for 6 years and 12.5% for the Democrat Congress for two years.

Blame for the mess: Republican: 87.5%; Democrat: 12.5%
Thank you Obama for focusing on the issues.  Keep nailing him on the economy.
I just don't know how two candidates can contrast more starkly.  More of the same, or more policies that will benefit working Americans.  The USA is at a crossroads.  Which way will we go?
Obama.....you have found your voice! I feel in my gut...that with this message you can win! P.S. Don't forget to stay on offense..turn every McCain gaffe and lie into an ad.
Getting beyond the gutterness of this campaign is the most important issue.  Times are going to get tougher as the financial collaspes trickle down to us (the average american) and WE need to see what kind of candidate we're voting for, no more rhetoric, ISSUES!
Time out for negative ads, this situation is very serious.  

"Fundamentally sound?"  Enough!

Obama/Biden 08!
It would make sense that if Cheney is "Darth Cheney"
Sarah Palin should be "Senator Palintine."

She will tell you everything you want to hear, but behind the curtains she is creating a plan to overthrow the Republic and create a NEW Republic.
It's unfortunate, this Wall Street Tumble, but it probably is the best thing that could've happened with regard to Barack Obama's campaign for REAL CHANGE WE CAN BELIEVE IN!  McCain knows nothing about the economy, and the one VP candidate (Mitt Romney) who actually did... he passed over because the extremely powerful republican base over-ruled McCain on any of his three guy choices; Lieberman, Romney, or Ridge.  Obama is in touch with reality and McCain isn't.  Obama knows ITS THE ECONOMY STUPID, and McCain thinks its all about the SURGE!!!  The SURGE John... isn't going to pay my mortgage, but a better job would.  We don't need 4 more years of someone who refuses to listen to his countrymen or the world.
I think it might be a mistake to keep comparing McCain/Palin to Bush/Cheney.  Remember, we still have the delusional 25% of the public that worships they ground they walk on. Some people might actually be getting nostalgic for them now that their term is coming to an end and want a continuation of their policies. (excuse me while I pause to barf)

It is clear that McCain/Palin would be far worse for the country than Bush/Cheney and they should be attacked on that basis.
Thank you, First Read, for highlighting Tucker Bounds' endless hypocrisy.

Say what you will about Fox News, but Megyn Kelly owned Tucker during their interview this morning.

John McCain, completely out of touch.

http://www.rodneyhopper.com
Everyday it seems Obama is more sensible than McCain.
Obama just makes more sense.  McCain makes none, and CONSTANTLY is at odds with himself.  This country would be much better off if he just retired from politics - he should go get a job distributing beer for his wife.  Take a hike, little Johnny - We're tired of your crap.
and if it weren’t for John McCain, Gov. Palin and other reform-minded public officials, it would’ve been built," said spokesman Tucker Bounds.  It may not have been built, but Palin kept the $223 million she received for the bridge.  Nothing like trying to have it both ways.
yes Obama!!!!!  Great points! All Facts!!!!  The other day I had to decide about allowing my daughter to play school volleyball-  Want to know why?  Well...It was about how can we pay for this?  We had a registration fee, clothing and supplies to pay-we work a second job catering and used that to pay for those supplies-We shouldn't have to think twice about giving our children the opportunity to play sports in school but....with Bush/McCain policies-we do now!  Schools can not afford to support sports independently anymore since we have cut back or depleted so many education programs-McCain is out of touch on so many levels-The "Fundamentals of the Economy are good"  really and what are those fundamentals?  Health Insurance, winter heating, gas, food, housing???????  As I have said before:
We are POW's/Survivors of the Bush/McCain policies and as you can see how I have to learn to survive with my family.  
The latest polls indicate that Obama might be recovering from the McCain bounce as he leads BIG in Iowa and has gained 6% in Virginia to take a lead outside of the MoE: http://campaigndiaries.com/2008/09/15/poll-watch-obama-leads-in-virginia-and-iowa-mccain-leads-in-ohio/
Keep this up, Barack! On issue after issue, Bush has ravaged us as a nation and McCain is not substantively different in any significant way. We should not be ashamed of hoping for better!
Obama is on point...Now I guess McCain will hit back with more lies about sexism or experience, but will continue to lack any plans for health care, the economy, education, Iraq, etc.  But, hey he has Palin!!!!
Sarah Palin is dangerous
dude i can not believe the dow is down 500 points and mcain still thinks we are good
That last quote from Obama was great!  It needs to be an ad.  Make the Republicans look petty and small and expose the fact they have no new ideas so they have to file baseless cliams of sexism or out and out lie in their advertisments.  Hit back on the issues!
Calling the spin-doctor, calling the spin-doctor--do you copy, over...

McCain you are so foolish. US economic fundamentals are not 'strong'. Where have you been for the past year? Oh-- In one of your seven-ten houses; depending on what the definition of house is. You sir are a moronic, incompetent republican puppet, a dwindling shadow of your former self.

You say the fundamentals are the American worker's-- we'll jobs are being lost and sent overseas thanks to you. Good lookin out for the fundamentals.
The Obama Plan: Add to the largest tax rate hike in history. Unless your on the wefare roster, your going to pay and pay. And what shall he do with this money? Have the government run the healthcare system... It worked for social security didn't it??? Hey they had their fingers into Fanny & Freddy Mac too...
He says he will bring the soldiors home. Probably will, because he will need them in the streets of America...
Instead of having an appropriate defense for McCain's statements Tucker, who does not have one, states Obama's record. I thought he has done nothing as a senator so why site his record as a defense. There is such a conflict with McCain's view and Palin records. They are in conflict to reform each other. Enough with all this nonsense, we the people have suffered too much and too long and McCain stood by and did nothing to stop the Bush agenda. This is the time for the other 95% of the nation. Vote the issues not the race, gender or age.
OBAMA/BIDEN 08 & 12
No matter how many times or ways you say it Obama, there is some backwoods, rural, right-wing, racist nut job that would rather have 4 more years of the same than to take his/her chances on you. Sad really, but the GOP and the ruling class has convinced tehm that you are to scarey, too liberal, too black.
Let this be the mantra of the Obama campaign. Bush/MCCain, millionairs' club.
The way the economy has suffered will only become worse if we have to count on McCain and his neocon/lobbyist yes man & women for guidance.
The Bush/McCain business ethics have been proven to help only the few who are making millions on the backs of those many that suffer from their millionairs' decisions. Let us not forget who McCain/Bush actually hang out with, at the country clubs, each other.


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